Overview:This course enables you to learn investigative techniques to uncover various fraudulent schemes and scams and to sharpen your forensic skills. The course prepares you to meet the increasing demand for accountants to develop effective forensic accounting procedures to detect and prevent misappropriation of assets, management fraud, and fraudulent financial reporting. As the focus on fraud discovery and deterrence rises, accountants must hone their skills to recognize fraudulent or deceptive practices and build their knowledge to redesign internal controls. Don’t wait to learn and practice these critical forensic competencies! TOPICS DISCUSSED • Role of the forensic accountant • Development of the engagement agreement • Common fraud scams • AU-C section 240 • Analytical and investigative techniques • Approaches to detect under/over valued assets • Preparation for the deposition phase • Alternative methods to settle a legal dispute
Objective:LEARNING OBJECTIVES When you complete this course you will be able to: • Determine the differences between the role of the forensic accountant and the traditional accountant and how to utilize forensic techniques to ferret out fraudulent activity. • Identify the foundational components of AU-C section 240. • Recall analytical and investigative techniques used in forensic engagements. • Determine ways to detect under/over-valued assets. • Recall key points related to the deposition phase of the litigation process.
Designed For:Accountants who are responsible for designing internal control systems
Prerequisites:Experience in accounting and financial reporting preferred
Member/Nonmember Fees:159 / 199
CPE:Accounting 4 hour(s)
Yellow Book Credit:N
Cancellation or transfer requests made six(6) business days or more prior to the program, no fee assessed.
Cancellation or transfer requests made two(2) to five(5) business days prior to the program, $25 fee assessed.
Cancellation or transfer requests made one business day prior to the program, $50 fee assessed.
Day of program or no notice of cancellation, 100 percent course fee assessed.
If you transfer from an in-person class course to a webcast, the above policies apply.
Remember, the COCPA reserves the right to cancel a course seven days prior to the program date. Please keep this cancellation policy in mind when making your travel plans and airline reservations. The COCPA will not be liable for flight cancellation penalties due to our cancellation.
To cancel or transfer a course, please contact the Member Services department at 303-773-2877 or 800-523-9082.